$SHX
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JUST IN: SEC waives 1940s custody rules to let Franklin Templeton's blockchain fund sit inside regular mutual funds. Rules written for paper certificates in physical VAULTS were deemed unnecessary for BENJI, Franklin's $726 MILLION onchain money fund. The approval gives
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AI visual note: An older man in a suit stands before an American flag, with the SEC seal and a Bitcoin coin overlaid on either side of him, visually linking the regulatory body, crypto, and the financial figure at the center of the story. The image illustrates the SEC's decision to waive 1940s custody rules, allowing Franklin Templeton's $726 million onchain money fund BENJI to be held within traditional mutual funds.